Malaysian developer IMJ Land is selling a £350m mixed-use residential scheme near to the Tower of London.
It is seeking a buyer for the final phase of Royal Mint Gardens, E1, comprising a 236-bedroom hotel, 33 serviced apartments and 79 luxury flats.
There is also an option to shift the scheme to an alternative pure resi play of 196 apartments.
IMJ bought the 999-year leasehold on the 2.7-acre site from Zog Group for £20m in 2012 for its first UK scheme. At the time, the developer said it would invest £25m to £30m to develop the scheme, and subsequently launched and sold the 254 flats in three blocks, with the alternative residential plans for block A lodged in 2015.
Network Rail is the freeholder. Knight Frank is advising IMJ.
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